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Apple iPhone 16 Pro Max: Priced At Rs 1.45 Lakh But Costs Just Rs 40,700 To Company - Check Details

Apple has launched the iPhone 16 series in India with the price range at par with the iPhone 15. However, manufacturing cost of iPhone 16 series stands higher.
08:58 AM Oct 03, 2024 IST | Akshat Mittal
apple iphone 16 pro max  priced at rs 1 45 lakh but costs just rs 40 700 to company   check details

Apple iPhone 16 Pro Max: Apple during its recent event in September has launched the new iPhone 16 series in India and other global markets. The standard iPhone 16 models comes with several upgrades, which is likely one of the foremost reason for people buying the new version.

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iPhone 16 series consists of the standard iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max.

Apple iPhone 16 Series: Pricing In India

  • iPhone 16 - Price Range Starts from Rs 79,900
  • iPhone 16 Plus - Costs Rs 89,900 for Standard Model
  • 16 Pro - Rs 1,19,900 (Starting Price)
  • 16 Pro Max - Rs 1,44,900 (256 GB)

Manufacturing Cost

According to the report of TD Cowen, a 256GB iPhone 16 Pro Max costs Apple about $485 (Rs 40,700 approximately) to manufacture. This includes the components, box, and assembly process.

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According to the report, the iPhone 15 Pro Max had a manufacturing cost of $453 (Rs 38,000). This was about $32 cheaper than the newer model.

On the other hand, the iPhone 16 manufacturing cost is $416 (Rs 34,900) whereas, the iPhone 15's making cost was $395 (Rs 33,150).

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The most costly component in iPhone 16 Pro Max is a tie between the display and the rear camera module. Both takes $80-$80 (16-16% of total manufacturing cost) apiece to manufacture.

On the iPhone 16's making cost, the display is the most expensive component. This comes for $65 or 16% of the total manufacturing cost.

What's Next For Apple?

Apple will reportedly hold another event in October 2024. The company might introduce new Macs and iPads during this event. Last year too Apple held a virtual event to announce new MacBook Pro and iMac models. The new launches might see the major updates compared to their predecessors.

Also Read: Apple Intelligence: What Is This Feature? What It Takes To Run On Your Device?

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